Social Media Fans Likely To Recommend and Buy…
Monday, March 29th, 2010Would you like another clear cut example that “word of mouth” works?
Yeah, I know – I’m preaching to the choir here, but this type of documentation and research can be very useful when talking to prospects about owning their own home based business. It appears that market research firms Chadwick Martin Bailey and iModerate Research Technologies found that people are more likely to recommend brands they follow as fans on Facebook and Twitter. Likewise, these same followers are more likely to buy from the brands they follow.
The study was conducted with 1500 consumers and here are the hard numbers:
- 60% of Facebook fans and 79% of Twitter followers are more likely to recommend those brands since becoming a fan or follower.
- 51% of Facebook fans and 67% of Twitter followers are more likely to buy the brands they follow or are a fan of.
With now over 400 million Facebook users on the internet these days, one might conclude that there’s an opportunity to be had here.
What’s even more interesting is that these users now actually expect business to have a presence in these mediums. The comments found in the release are very telling:
- “It’s EXPECTED that a company have some digital face – whether it’s on FB or Twitter I don’t know – but they need a strong electronic presence or you doubt their relevance in today’s marketplace.” Female 50-54
- “Either they are not interested in the demographic that frequents Facebook and Twitter or they are unaware of the opportunity to get more exposure in a more interactive method.” Male 35-39
- “It shows they are not really with it or in tune with the new ways to communicate with customers.” Female 18-24.
- “If they’re not on Facebook or Twitter, then they aren’t in touch with the “electronic” people.” Female 55-59
Clearly, Social Media has come of age, and those that embrace this medium have found a market that’s not only able – but very willing to recommend (aka “promote”) for you.
Those of us who’ve work in Direct Sales and Network Marketing (and do it the right way) have known about this phenomenon and how it works first hand. It’s really nothing new. You hook up, provide useful information that benefit them, and the next thing you know all sorts of people are purchasing based on a simple recommendation. There’s no need for heavy sales pitches or arm twisting when done the proper way.
In fact, anything heavy or over the top turns more poeple away can be the death of any online business in this environment.
Just relax, and be…well…”social”. Sounds obvious I know, but it’s the first step in building a long lasting relationship that will build trust and loyal fans and followers. Be part of the community and without much effort at all, you’ll find yourself climbing up the social media ladder – which in turn leads to exposure – credibility – and eventually sales.
Studies like this prove that Social Media not only works, but it’s now required if you want to build a viable business in this day and age.
Kind of puts a whole new light on the new ZamZuu marketing campaign launched less than three months ago doesn’t it? ;-P
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